Ncha Inc
- Assets
- $34.4m
- Revenue
- $23.5m
- Investments
- $0.0
- Employees
- 70
- Location
- Raleigh, NC
- Founding
- 12/1963
- Data as of
- 12/2023
- EIN
- 56-0641290
Organization Overview
Ncha Inc, operating under the name North Carolina Healthcare Association, is located in Raleigh, NC. The organization was established in 1963. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, North Carolina Healthcare Association employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Healthcare Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, North Carolina Healthcare Association generated $23.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $12.5m during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF THE COMMUNITIES WHERE WE LIVE AND WORK BY ADVOCATING FOR SOUND PUBLIC POLICY AND COLLABORATIVE PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MEMBERS WITH TECHNICAL RESEARCH & GUIDANCE, DATA PLATFORMS, ANALYTICS, AND EDUCATION PROGRAMS TO SUPPORT CARING FOR PATIENTS AND LOCAL COMMUNITIES.
IMPROVED COMMUNITY HEALTH STATUS BY ADVOCATING FOR OUR MEMBERS' INTERESTS AIMED AT ACCESSIBLE AND EQUITABLE HEALTHCARE IN NORTH CAROLINA.
PROMOTED OUR MEMBERS' EFFORTS TO PROVIDE ACCESSIBLE AND EQUITABLE HEALTHCARE FOR ALL NORTH CAROLINIANS THROUGH COORDINATED PUBLIC RELATIONS AND MEDIA PURCHASES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin High Board Member | Trustee | 1 | $0 |
Greg Lowe Board Member | Trustee | 1 | $0 |
Chris Peek Incoming Board Chair | OfficerTrustee | 1 | $0 |
Roxie Wells Past Board Chair | OfficerTrustee | 1 | $0 |
Stephen Lawler President/ceo | OfficerTrustee | 25 | $1,159,950 |
Charles Mantooth Board Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hospital Industry Data Institute Healthcare Data Processing | 12/30/23 | $1,120,786 |
Care Evolution Llc Data Services | 12/30/23 | $763,445 |
Linwood Jones Legal Services | 12/30/23 | $310,058 |
Ronald Cook Healthcare Consulting | 12/30/23 | $272,405 |
Revive Health Public Relations Services | 12/30/23 | $263,105 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $697,404 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $697,404 |
| Total Program Service Revenue | $9,862,170 |
| Investment income | $3,728,167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,259,075 |
| Net Gain/Loss on Asset Sales | $7,930,591 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,477,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $170,582 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,905,049 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,493,946 |
| Pension plan accruals and contributions | $302,402 |
| Other employee benefits | $278,639 |
| Payroll taxes | $250,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $657,783 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $321,890 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,747,838 |
| Advertising and promotion | $492,899 |
| Office expenses | $86,984 |
| Information technology | $2,226,158 |
| Royalties | $0 |
| Occupancy | $267,349 |
| Travel | $124,191 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $207,313 |
| Interest | $85,012 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145,996 |
| Insurance | $113,015 |
| All other expenses | $0 |
| Total functional expenses | $12,454,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,127,902 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,582 |
| Loans from Officers, Directors, or Controlling Persons | $9,347,032 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $137,886 |
| Net Land, buildings, and equipment | $258,274 |
| Investments—publicly traded securities | $10,157,221 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,338,183 |
| Total assets | $34,415,080 |
| Accounts payable and accrued expenses | $1,765,059 |
| Grants payable | $0 |
| Deferred revenue | $3,131,122 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,570,749 |
| Total liabilities | $7,466,930 |
| Net assets without donor restrictions | $26,868,668 |
| Net assets with donor restrictions | $79,482 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,415,080 |
Grants Awarded
Over the last fiscal year, Ncha Inc has awarded $129,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA INSTITUTE OF MEDICINE PURPOSE: GENERAL SUPPORT | $10,000 |
CAROLINA LEADERSHIP COALITION PURPOSE: GENERAL SUPPORT | $35,000 |
WATSON LEADERSHIP DEVELOPMENT FOUNDATION PURPOSE: GENERAL SUPPORT | $14,000 |
EDUCATION NOW PURPOSE: GENERAL SUPPORT | $35,000 |
ALLIANCE FOR BALANCED GOVERNMENT PURPOSE: GENERAL SUPPORT | $35,000 |